Banks, transport sector hold up US indices
On Monday I discussed the conundrum that traders face in the S&P 500 from a multi-timeframe perspective. After Tuesday’s rally and Wednesday’s flat-lining of the index, the conundrum remains, but with the near-term odds going to the bulls. In essence, the index remains basing above the 1’980 – 1’985 area, which previously acted as resistance. […]
First Solar breaks higher FSLR
First Solar Inc (FSLR) has been a hot stock for a number of years and even year to date it has offered active traders some good opportunities. Since March FSLR has built a clear line of resistance, which it now is finally overcoming, and that could lead to a meaningful move higher. Watch the short […]
Multiple time-frame conundrum of S&P 500
US equities closed last week on a weak note, with all of the major indices and all ten sectors of the S&P 500 closing lower on the day. Weakness into a weekend is something that traders rarely like to see as, unless one also positions defensively into the weekend, any follow-through selling the following Monday […]
See both sides: The bull case
In Wednesday’s video, I discussed the two sides of the current US market structure: the bull case and the bear case. For the record, I still see good potential for this market to put in a cyclical top sooner rather than later, particularly as this could coincide with a seasonally more difficult market in coming […]
How to trade the autumn months
[youtube id=”7XR5QbOIgjs”] The autumn months have the propensity to bring about an uptick in volatility, which for the active investing and trading crowd can spell opportunity. Here is how I am looking to trade the autumn period.
We all know the old saying ‘what goes up must come down’, but will the S&P 500 obey the laws of gravity?
We all know the old saying ‘what goes up must come down’, but will the S&P 500 obey the laws of gravity? Watch the video here: https://www.tradingfloor.com/posts/berger-my-2020-vision-for-the-sp-500-1454988 After the surge in US stocks, there’s a sense of where are we now? So what’s the best strategy? Serge notes “surprising strength in the financial sector” which […]
Tesla coils up for another trade TSLA
[youtube id=”LwJ-ASNcv8g”] Shares of Tesla have come a long way off their May lows and by early August had revisited their all-time highs from February. Over the past few weeks the stock began to consolidate and coil up below a clear line of resistance, which favors an ultimate break higher.
My guest appearance on the Optionshouse Benzinga premarket show on August 27th
[youtube id=”pRQ-2q1mYW8&feature”] My guest appearance on the Optionshouse Benzinga premarket show on Wednesday August 27th
How to keep calm and carry on trading
Video: Tips to keep calm and keep out the emotions while trading https://www.tradingfloor.com/posts/berger-how-to-keep-calm-and-carry-on-trading-1057169
The S&P 500 Kissed 2000 – But Was It a Farewell Smooch?
The S&P 500 Kissed 2000 – But Was It a Farewell Smooch? Read my take here: http://investorplace.com/2014/08/sp-500-spy-etf-2000/#.U_2JsGOhZB4